Effective unemployment rate
Encyclopedia
The unemployment rate announced by United States Department of Labor
United States Department of Labor
The United States Department of Labor is a Cabinet department of the United States government responsible for occupational safety, wage and hour standards, unemployment insurance benefits, re-employment services, and some economic statistics. Many U.S. states also have such departments. The...

 does not include those too discouraged to look for work
Employment
Employment is a contract between two parties, one being the employer and the other being the employee. An employee may be defined as:- Employee :...

 any longer or those part-time workers
Laborer
A Laborer or labourer - see variation in english spelling - is one of the construction trades, traditionally considered unskilled manual labor, as opposed to skilled labor. In the division of labor, laborers have all blasting, hand tools, power tools, air tools, and small heavy equipment, and act...

 that are working fewer hours than they would like. By adding these two groups to the unemployment rate, the rate becomes effective unemployment rate.

The Bureau of Labor Statistics
Bureau of Labor Statistics
The Bureau of Labor Statistics is a unit of the United States Department of Labor. It is the principal fact-finding agency for the U.S. government in the broad field of labor economics and statistics. The BLS is a governmental statistical agency that collects, processes, analyzes, and...

 in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 keeps an alternative unemployment rate indicator similar to the effective unemployment rate called U6.
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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